Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$520,015$431,999
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,600$0
Note rate6.610%7.400%
Blended rate6.610%7.640%
1st payment$3,426.75$2,991.07
2nd payment$0.00$0.00
Taxes / mo$804.43$804.43
Insurance / mo$166.67$166.67
MI / mo$0.00$86.40
HOA / mo$36.67$36.67
Total monthly$4,434.52$4,085.24
Cash to close$0$48,000